Professon. Huebner's Belief in, Chinese Constable's Strenuous Policies Struggle with a Gunman Members of the organization of]
insurance agents of Shanghai, which is in the process of formation, entertained Prof. 8. 8, Huebner, of the University of Pennsylvania, at) dinner on Tuesday evening at the Hotel Majestic. Mr. E. F, Harris pre-ided and mentioned Prof, Huebner's connection with the drafting of the Shipping Law, the U.S, War Time Shipping Act and the found-ug of the U, 8. Shipping Board.
Mr. A. J. Hughes asserted that] there were two elemental commodi-'Hen in the field of economics—tho property value and the life value ind insisted that the life value capitalized on man's earning power, was seven times the total property value of Ameria, Why, therefore, should this creative force—combined of character, health, training, experience, innate ability and the driving force—not be capitalized by a sinking fund against the time when would be called? Why should not the forces in us be appraised and the stamp of the dollar be placed on it as is done in business. The -apeaker contended that at the time of a man's death, or at the age of 65, when his creative life had ended, the should be worth the sum total financially of the creative powers! which he had during life.
At the Public Mortuary, on Monday morning, Judge Keh and Mr. Bos conducted an examination into the circumstances surrounding the death of one Tsang Tz-ching, who was shot by a Chinese police constable in Kashing Road on the morning of the 23rd instant.
C.P.C, 1695 deposed that he wa on duty in Kashing Road at 7.30) 'a.m, on the day in question when he heard the blowing of police whistles. He was about to make inquiries when he saw complainant who ran up and told him that armed robbers were in his house. Witness went to the front door and, when he got inside, the robbers left by the back door. Witness gave chase and was told that the robbers had run into Kashing Road, He saw a man walking down the street and he called upon. him to stop. The man stopped and returned towards him,. The constable saw that he had a pistol up his which he was about to him (witness), "I took no fired a shot at the witness told the Court, "and hit him. I then took hold of him and there was a struggle, but deceased refused to let go his hold. I then fired two shots over my shoulder and brought him to the Then took the pistol Prof. Huebner pointed out that economists had found no place for ife insurance in an economic scheme things and insisted that all tests applied to the _so-called property value were applicable to life values. The principles of business, sinking funds, credits, and callable bonds were as applicable to value as they were used by cor-parations and defied anyone to show wherein they could not be applied. An endowment policy was really callable sinking fund, a policy nothing but a life bond. Premiums were merely deposits and the com-any paid the call loan at the call of death.
The speaker exhibited keenness on. the subject of policies for the higher The Court returned a verdict that death was due to bullet wounds in-fioted by the police after deceased had attempted to commit an armed robbery.
Text read from the printed page and cleaned; old type leaves the occasional error.